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House Prices in GU31 House Prices in GU31 (Petersfield)

The average house price in GU31 (Petersfield) is £456,083 using HM Land Registry data.

The average property price increased by £112,554 (32.76%) over the last 5 years and increased by £22,552 (4.73%) over the last 12 months.

Over the last year, there were 135 residential property sales – a decrease of 6 transactions (-4.44%) relative to the previous year. The majority of house sales (44) were in the £320,000 - £466,000 range. Then came properties in the £466,000 - £612,000 range, where 29 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 173 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-18,636 (-3%).

In Dec 24, there were 8 new estate agency instructions, 9 agreed home sales and 7 property price reductions.

Nearby Postcodes: BN18, GU26, GU27, GU28, GU29, GU30, GU32, GU33, GU34, GU35, PO10, PO18, PO19, PO20, PO7, PO8, PO9, SO24, SO32

5-Year Average Property Prices in GU31 (Petersfield)

32.76%

Property prices in Petersfield increased by 32.76% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in GU31 (Petersfield) Over the Last Year

4.73%

Property prices in Petersfield increased by 4.73% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for GU31 (Petersfield) - Dec 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in GU31 (Petersfield)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in GU31 (Petersfield)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in GU31 (Petersfield)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the GU31 (Petersfield) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the GU31 postcode area since 1995.

Recent Sales in GU31 (Petersfield)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
15 Kiln Lane, Buriton, Petersfield, Hampshire, GU31 5SG£875,000£850,000-£25,00019 Jun 202421 Nov 2024155 Days
113 Rival Moor Road, Petersfield, Hampshire, GU31 4HX£375,000£375,000£0014 Aug 202425 Oct 202472 Days
2 Terwick Cottage, Rogate, Petersfield, West Sussex, GU31 5EG£650,000£634,000-£16,00028 Mar 202411 Oct 2024197 Days
The Pines, London Road, Sheet, Petersfield, Hampshire, GU31 5AJ£2,250,000£2,140,000-£110,00017 May 202404 Oct 2024140 Days
7 Harting Down, Petersfield, Hampshire, GU31 4PG£600,000£579,000-£21,00029 Feb 202430 Aug 2024183 Days
29 Lower Mead, Petersfield, Hampshire, GU31 4NR£725,000£725,000£0030 Jan 202427 Aug 2024210 Days
17 Charlton Drive, Petersfield, Hampshire, GU31 4QL£340,000£335,000-£5,00005 Apr 202421 Aug 2024138 Days
20 South Acre, South Harting, Petersfield, West Sussex, GU31 5LJ£490,000£490,000£0026 Aug 202320 Aug 2024360 Days
111 Rival Moor Road, Petersfield, Hampshire, GU31 4HX£375,000£375,000£0012 Jan 202412 Aug 2024213 Days
4 Holt Down, Petersfield, Hampshire, GU31 4PQ£500,000£490,000-£10,00029 Apr 202408 Aug 2024101 Days
12 Heather Road, Petersfield, Hampshire, GU31 4HE£325,000£325,000£0018 Apr 202426 Jul 202499 Days
68 Heath Road, Petersfield, Hampshire, GU31 4EJ£1,800,000£1,730,000-£70,00011 Mar 202421 Jun 2024102 Days
Flat 9, Fitzhamon House, Idsworth Down, Petersfield, Hampshire, GU31 4EB£400,000£400,000£0021 Sep 202317 May 2024239 Days
30 Upper Heyshott, Petersfield, Hampshire, GU31 4QA£500,000£500,000£0008 Aug 202310 May 2024276 Days
10 The Hop Garden, South Harting, Petersfield, West Sussex, GU31 5QL£400,000£395,000-£5,00030 Oct 202302 May 2024185 Days
7 Luker Drive, Petersfield, Hampshire, GU31 4SN£235,000£230,000-£5,00025 Oct 202330 Apr 2024188 Days
18 Heatherfield, Buriton, Petersfield, Hampshire, GU31 5RY£597,000£590,000-£7,00028 Nov 202326 Apr 2024150 Days
10 Barentin Way, Petersfield, Hampshire, GU31 4QN£725,000£700,000-£25,00004 Sep 202325 Apr 2024234 Days
5 Crundles, Petersfield, Hampshire, GU31 4PJ£550,000£545,000-£5,00027 Sep 202325 Apr 2024211 Days
77 The Causeway, Petersfield, Hampshire, GU31 4LJ£425,000£395,000-£30,00016 Jan 202423 Apr 202498 Days

Most Expensive Streets in GU31 (Petersfield)

PostcodeStreetAreaAverageNo. of Sales
GU31 4EJHeath RoadPetersfield£2,590,0004
GU31 5ATMidhurst RoadPetersfield£1,720,3333
GU31 5LZEast HartingPetersfield£1,614,0003
GU31 4BULove LanePetersfield£1,572,1878
GU31 4JQThe AvenuePetersfield£1,291,6663
GU31 5DDFyning Lane, RogatePetersfield£1,270,3333
GU31 4JEHeath RoadPetersfield£1,068,5913
GU31 5HGNorth Street, RogatePetersfield£1,060,8333
GU31 5JTMill Lane, TrottonPetersfield£1,029,1663
GU31 4LBSussex RoadPetersfield£971,2504

Least Expensive Streets in GU31 (Petersfield)

PostcodeStreetAreaAverageNo. of Sales
GU31 4SPRay ClosePetersfield£187,5003
GU31 4SNLuker DrivePetersfield£257,3333
GU31 4HDRival Moor RoadPetersfield£260,2836
GU31 4JHThe MaltingsPetersfield£265,0003
GU31 4APRamshillPetersfield£286,0003
GU31 4REStonechat ClosePetersfield£289,4005
GU31 4HEHeather RoadPetersfield£298,3333
GU31 4ETClare GardensPetersfield£298,5006
GU31 4NYLower WardownPetersfield£299,0005
GU31 4HZThorn ClosePetersfield£310,7717

Explore GU31 (Petersfield) using map

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